RealDave
Gold Member
- Sep 28, 2016
- 26,521
- 3,565
- 290
I guess you run out & spend $10k is deductibles so you can reduce your income tax by 2500.00.
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Californians to pay more federal taxes next year
- Thread starter K9Buck
- Start date
I guess you run out & spend $10k is deductibles so you can reduce your income tax by 2500.00.
- Dec 25, 2009
- 15,907
- 6,516
- 390
- Thread starter
- Banned
- #42
They only believe others should pay tax.I thought conservatives believed that taxation was/is theft...??Jerry Brown isn't happy about it. Why not? I thought liberals loved seeing everyone's money going to the federal government.
Trump's tax cut not for everyone: 1 million Californians will owe $12 billion more next year
They’re the Californians who will lose a collective $12 billion because the new law caps a deduction they have been able to take for paying their state and local taxes, according to a new analysis by the Franchise Tax Board.
Very wealthy Californians earning more than $1 million a year will pay the lion’s share of that money, with 43,000 of them paying a combined $9 billion.
I see you're in full kunt mode.
That would all make sense except for one very very very big thing....California was being subsidized by the Federal govt., for its high state taxes. In other words, when individuals and corporations in CA filed federal taxes, they were able to deduct for the state taxes they were paying. So the Federal govt. was basically funding the California lifestyle and its warped immigration policies.
What people don't understand about CA is that it has a strong vein of conservatism and there are many cities and counties that are rebelling against the lunatic Leftists that are in charge. There might still be hope for CA!
California sends to the Federal government, much much more in tax revenues that they ever get back from them....
And now with this new lower cap on their Real Estate of State taxes that they can take, the Federal government is going to get MUCH MORE from California and california is now going to subsidizen even MORE of the federal budget, with nothing more in return from federal spending....
even more of Californians money is going to states who don't pay in to the federal coffers, even what the federal gvt spends on them.....
That is not right....they already paid enough, same with New York state, they fund the red states too, and get less back in federal revenue that they send in, so they too are being dicked with this new tax measure even more than they were getting dicked.....
so the fed can give income tax breaks to everyone else, but them...they will end up paying more.
And as said, it was done for partisan reasons, and the Republicans used the IRS code to do their political machinations against primarily blue state citizens.
- Moderator
- #44
Try paying zero taxes and see how long either your society or your economy continues to exist! Simply put, without government, there is no economy and without an economy, there is no government.
Who is advocating paying zero taxes, Captain Straw Man? How about these high taxed states get their houses in order? New York, in particular, wastes a shit ton of money.
- Mar 16, 2012
- 59,286
- 17,601
- 2,180
No actually, a state should stand or fall on its own merits, and not get extra subsidies based on its population, or number of illegal immigrants it has to support, or how much in taxes it sends to the govt.That would all make sense except for one very very very big thing....California was being subsidized by the Federal govt., for its high state taxes. In other words, when individuals and corporations in CA filed federal taxes, they were able to deduct for the state taxes they were paying. So the Federal govt. was basically funding the California lifestyle and its warped immigration policies.
What people don't understand about CA is that it has a strong vein of conservatism and there are many cities and counties that are rebelling against the lunatic Leftists that are in charge. There might still be hope for CA!
California sends to the Federal government, much much more in tax revenues that they ever get back from them....
And now with this new lower cap on their Real Estate of State taxes that they can take, the Federal government is going to get MUCH MORE from California and california is now going to subsidizen even MORE of the federal budget, with nothing more in return from federal spending....
even more of Californians money is going to states who don't pay in to the federal coffers, even what the federal gvt spends on them.....
That is not right....they already paid enough, same with New York state, they fund the red states too, and get less back in federal revenue that they send in, so they too are being dicked with this new tax measure even more than they were getting dicked.....
so the fed can give income tax breaks to everyone else, but them...they will end up paying more.
And as said, it was done for partisan reasons, and the Republicans used the IRS code to do their political machinations against primarily blue state citizens.
The govt. should not be in the business of propping up states that have policies that are detrimental to its own residents or the rest of the country. The Democratic hypocricy is clearly evident even in this instance. They demand equal treatment, except for Leftwing states with lunatic policies. Then, they want affirmative action for states run by Libtards.
- Mar 16, 2012
- 59,286
- 17,601
- 2,180
Wrong again, if YOUR state is over taxing you, that's a problem between YOU and YOUR STATE, not to be solved by the govt. and taxpayers in other states stepping in and paying you back what your state is over taxing you. And the way to fix that is, the residents of the overtaxed state start electing representatives that reduce taxes, and implement policies that are good for the residents of the state, not the Leftwing ideological elitist assholes that are in charge.California was being subsidized by the Federal govt., for its high state taxes. In other words, when individuals and corporations in CA filed federal taxes, they were able to deduct for the state taxes they were paying. So the Federal govt. was basically funding the California lifestyle and its warped immigration policies.
What people don't understand about CA is that it has a strong vein of conservatism and there are many cities and counties that are rebelling against the lunatic Leftists that are in charge. There might still be hope for CA!
I guess you run out & spend $10k is deductibles so you can reduce your income tax by 2500.00.
- Apr 10, 2013
- 23,667
- 1,880
- 265
so sad that red states are so poor that they need to over tax California, to bail them out...
Red state citizens have been paying more Federal taxes than Californians to make up for the tax exemption that they used to receive. I had to pay more so that the guy 20 miles away could pay less. That sound fair to you?
You had to pay more because you made more money than the guy 20 miles away.
- Apr 10, 2013
- 23,667
- 1,880
- 265
Wrong again, if YOUR state is over taxing you, that's a problem between YOU and YOUR STATE, not to be solved by the govt. and taxpayers in other states stepping in and paying you back what your state is over taxing you. And the way to fix that is, the residents of the overtaxed state start electing representatives that reduce taxes, and implement policies that are good for the residents of the state, not the Leftwing ideological elitist assholes that are in charge.California was being subsidized by the Federal govt., for its high state taxes. In other words, when individuals and corporations in CA filed federal taxes, they were able to deduct for the state taxes they were paying. So the Federal govt. was basically funding the California lifestyle and its warped immigration policies.
What people don't understand about CA is that it has a strong vein of conservatism and there are many cities and counties that are rebelling against the lunatic Leftists that are in charge. There might still be hope for CA!
I guess you run out & spend $10k is deductibles so you can reduce your income tax by 2500.00.
Isn't California's issue less tax collection, namely prop 13?
- Mar 16, 2012
- 59,286
- 17,601
- 2,180
Nope, California is famous for its high taxes especially its franchise and sales taxes. Some of other states do not even have these state taxes that California charges its residents. So basically it's an arrangement that needs to end, If California want to charge its residents high taxes, the federal govt. and residents of other states should not be stepping in to make up for it.Wrong again, if YOUR state is over taxing you, that's a problem between YOU and YOUR STATE, not to be solved by the govt. and taxpayers in other states stepping in and paying you back what your state is over taxing you. And the way to fix that is, the residents of the overtaxed state start electing representatives that reduce taxes, and implement policies that are good for the residents of the state, not the Leftwing ideological elitist assholes that are in charge.California was being subsidized by the Federal govt., for its high state taxes. In other words, when individuals and corporations in CA filed federal taxes, they were able to deduct for the state taxes they were paying. So the Federal govt. was basically funding the California lifestyle and its warped immigration policies.
What people don't understand about CA is that it has a strong vein of conservatism and there are many cities and counties that are rebelling against the lunatic Leftists that are in charge. There might still be hope for CA!
I guess you run out & spend $10k is deductibles so you can reduce your income tax by 2500.00.
Isn't California's issue less tax collection, namely prop 13?
- Apr 10, 2013
- 23,667
- 1,880
- 265
No actually, a state should stand or fall on its own merits, and not get extra subsidies based on its population, or number of illegal immigrants it has to support, or how much in taxes it sends to the govt.That would all make sense except for one very very very big thing....California was being subsidized by the Federal govt., for its high state taxes. In other words, when individuals and corporations in CA filed federal taxes, they were able to deduct for the state taxes they were paying. So the Federal govt. was basically funding the California lifestyle and its warped immigration policies.
What people don't understand about CA is that it has a strong vein of conservatism and there are many cities and counties that are rebelling against the lunatic Leftists that are in charge. There might still be hope for CA!
California sends to the Federal government, much much more in tax revenues that they ever get back from them....
And now with this new lower cap on their Real Estate of State taxes that they can take, the Federal government is going to get MUCH MORE from California and california is now going to subsidizen even MORE of the federal budget, with nothing more in return from federal spending....
even more of Californians money is going to states who don't pay in to the federal coffers, even what the federal gvt spends on them.....
That is not right....they already paid enough, same with New York state, they fund the red states too, and get less back in federal revenue that they send in, so they too are being dicked with this new tax measure even more than they were getting dicked.....
so the fed can give income tax breaks to everyone else, but them...they will end up paying more.
And as said, it was done for partisan reasons, and the Republicans used the IRS code to do their political machinations against primarily blue state citizens.
The govt. should not be in the business of propping up states that have policies that are detrimental to its own residents or the rest of the country. The Democratic hypocricy is clearly evident even in this instance. They demand equal treatment, except for Leftwing states with lunatic policies. Then, they want affirmative action for states run by Libtards.
The southern red States that collect more from the feds than their citizens pay have a disproportionate amount of working class poor. They should have a $15.00/hr or more minimum wage.
- Mar 16, 2012
- 59,286
- 17,601
- 2,180
No actually, a state should stand or fall on its own merits, and not get extra subsidies based on its population, or number of illegal immigrants it has to support, or how much in taxes it sends to the govt.That would all make sense except for one very very very big thing....California was being subsidized by the Federal govt., for its high state taxes. In other words, when individuals and corporations in CA filed federal taxes, they were able to deduct for the state taxes they were paying. So the Federal govt. was basically funding the California lifestyle and its warped immigration policies.
What people don't understand about CA is that it has a strong vein of conservatism and there are many cities and counties that are rebelling against the lunatic Leftists that are in charge. There might still be hope for CA!
California sends to the Federal government, much much more in tax revenues that they ever get back from them....
And now with this new lower cap on their Real Estate of State taxes that they can take, the Federal government is going to get MUCH MORE from California and california is now going to subsidizen even MORE of the federal budget, with nothing more in return from federal spending....
even more of Californians money is going to states who don't pay in to the federal coffers, even what the federal gvt spends on them.....
That is not right....they already paid enough, same with New York state, they fund the red states too, and get less back in federal revenue that they send in, so they too are being dicked with this new tax measure even more than they were getting dicked.....
so the fed can give income tax breaks to everyone else, but them...they will end up paying more.
And as said, it was done for partisan reasons, and the Republicans used the IRS code to do their political machinations against primarily blue state citizens.
The govt. should not be in the business of propping up states that have policies that are detrimental to its own residents or the rest of the country. The Democratic hypocricy is clearly evident even in this instance. They demand equal treatment, except for Leftwing states with lunatic policies. Then, they want affirmative action for states run by Libtards.
The southern red States that collect more from the feds than their citizens pay have a disproportionate amount of working class poor. They should have a $15.00/hr or more minimum wage.
Ooooh really, is that why California has the highest poverty rate? So let's get this straight, they collect the most taxes from their residents, even get a bailout for some of it from the Feds, and they have the highest poverty rate?! Time to rethink Leftwing nutjob policies, and boot out elitist Liberals running Californina over the cliff?
Poverty in California - Public Policy Institute of California
Why is liberal California the poverty capital of America?
California Is a Shining Example of Democrats’ Economic Ineptitude
New Census Figures Show That 1 in 5 Californians Struggle to Get By - California Budget & Policy Center
California has highest poverty rate of all US states, new report finds
California leads the nation — in poverty – Orange County Register
Fort Fun Indiana
Diamond Member
- Mar 10, 2017
- 93,038
- 60,850
- 2,645
Of course they aren't happy, and you shouldn't be happy about it either. If you weren't a partisan actor, you would understand. The GOP has manipulated the tax code to cause economic pain in States with higher taxes with the SOLE interest of getting Republicans elected. But, as you may or may not have figured out, power changes hands. And once the standard is set that nothing is off limits, then this sort of dirty pool can easily become aimed at you.Jerry Brown isn't happy about it. Why not? I thought liberals loved seeing everyone's money going to the federal government.
Trump's tax cut not for everyone: 1 million Californians will owe $12 billion more next year
They’re the Californians who will lose a collective $12 billion because the new law caps a deduction they have been able to take for paying their state and local taxes, according to a new analysis by the Franchise Tax Board.
Very wealthy Californians earning more than $1 million a year will pay the lion’s share of that money, with 43,000 of them paying a combined $9 billion.
Why shouldn't they??so sad that red states are so poor that they need to over tax California, to bail them out...
Why should Californians (or anyone else) get to claim a deduction on their federal taxes based on what they paid in state taxes?
Because the liberal BS programs driving the higher tax are denying those funds that would have gone to the Feds under a more typical state tax percentage. Why should the Feds compensate a State which has liberal agendas?
-Geaux
Wyatt earp
Diamond Member
- Apr 21, 2012
- 69,975
- 16,383
- 2,180
so sad that red states are so poor that they need to over tax California, to bail them out...
How are they over taxing them? Please be specific....
- May 17, 2013
- 67,779
- 32,959
- 2,290
The Taxes are uniform across the country..................California loves taxing anything that doesn't move.......Always been TAX THE RICH.....TAX THE RICH............
and now boo hoo...............Oh well.
and now boo hoo...............Oh well.
- Banned
- #58
I will never ever, from were the sun now stands, EVER set foot in California ever again. They are more than welcome to secede from the union, we fought to keep the South. California, well it is beautiful place. We will miss you, it was nice. We won't fight you at all.
- May 17, 2013
- 67,779
- 32,959
- 2,290
They are having a group hug........lolGee, I wonder where all the Leftards ran off to?
You leave it up to the Democrats they'll turn this entire country into a Venezuela.
- Mar 16, 2012
- 59,286
- 17,601
- 2,180
If they let enough illegals in, it will be the natural thing to do, and they can call themselves MexiCali.I will never ever, from were the sun now stands, EVER set foot in California ever again. They are more than welcome to secede from the union, we fought to keep the South. California, well it is beautiful place. We will miss you, it was nice. We won't fight you.
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